Property Overview: 200 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Parkview Street in the King Edward neighbourhood presents a compelling blend of space, modernity, and location-based value. Its key characteristic is its above-average living space (1,400 sqft), which ranks within the top 10% of homes on its own street and the top 6% within King Edward. This makes it a notably spacious option for the area. Built in 1995, it is a more contemporary structure compared to many Winnipeg homes, potentially offering updated building systems and less immediate need for major renovations. The home features an attached garage and a renovated basement.
Its appeal lies in its strong positional metrics. It consistently ranks above average for its size, assessed value, and age within its immediate street and neighbourhood context, suggesting it is a standout property in a well-established area. The lot size, while smaller than the citywide average, is typical for King Edward, offering manageable outdoor maintenance. Recent sold price data indicates strong and growing value.
This property would best suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood without the upkeep challenges of a century-old house. It’s ideal for those who prioritize interior space over a large yard and appreciate a home that holds above-average stature within its local community rather than just comparing to citywide averages.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is $34,400. Recent sold data shows it last sold in early 2025 for an estimated $36,500-$39,500, which was well above the assessed value at that time. This suggests market demand often exceeds the official assessment for this property.
2. Is the lot size a disadvantage?
At 2,886 sqft, the lot is below the Winnipeg average but is typical for the King Edward neighbourhood. It offers a manageable yard for gardening or relaxation without demanding extensive upkeep, which can be a benefit for many buyers.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point to clarify with the seller or agent to understand the finish quality, ceiling height, and whether it includes legal egress or secondary suite potential.
4. How does this home compare to others on the same street?
The data shows this home ranks highly on Parkview Street itself—especially for living area (top 10%) and assessed value (top 13%). This indicates it is one of the larger and more valuable properties on the block, not just an average home in the area.
5. What is the historical price trend for this property?
Prior to its 2025 sale, it sold in 2017 for an estimated $28,500-$31,500. The upward movement in sold price over an 8-year period aligns with general market trends and indicates sustained desirability.